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LG Electronics' shares surge 24% after showing automotive innovations using Google tech

Justina Lee· ·1 min read · 0 reactions · 0 comments · 52 views
LG Electronics' shares surge 24% after showing automotive innovations using Google tech
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LG Electronics' shares experienced a significant surge following the announcement of new automotive innovations utilizing Google technology. The company's solutions, based on Android automotive operating systems, allow for the simultaneous control of multiple displays. This innovation is expected to reduce costs for automakers deploying multi-display systems in vehicles.

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Original publisherCNBC — Tech
Canonical URLhttps://www.cnbc.com/2026/05/29/lg-electronics-shares-jump-after-debut-of-google-based-car-products.html
Publication timeFri, 29 May 2026 02:29:02 GMT
Retrieval time2026-05-29T02:34:40.935Z
Last seen2026-05-29T02:34:40.935Z
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Publisher visitYes — open original
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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

Shares of LG Electronics surged as much as 23.95% after the company announced a series of automotive innovations built with technology from Alphabet Inc.'s Google. The South Korean company said its new range of solutions is built on Android automotive operating systems. Its system can control multiple displays with different aspect ratios at the same time by using a single-on-chip, which is different from other conventional in-vehicle display systems, LG said. "The solution supports automakers to significantly reduce the cost of deploying multi-display in-cabin systems," LG said. Android automotive operating systems are in demand, as they enable drivers to access apps in their vehicles without the use of smartphones.

Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Tech.

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